Nike’s stock dropped after Zion Williamson’s shoe exploded

Those who predicted Nike’s stock would take a tumble hours after Zion Williamson blew out his shoe while injuring his knee during Duke’s loss to North Carolina are correct.

On Thursday morning, the shoe giant opened at the New York Stock Exchange at 83.57 per share after closing trading on Wednesday at 84.84.

It might not sound like a lot of money to a company like Nike, and it’s not exactly a bold prediction to say they’ll rebound just fine from this, but when you consider a tweet like this, there’s a lot of money involved here.

Check Also

Political and legislative files at Iraq’s PM and Parliament Speaker’s table

On Monday, the Iraqi Parliament Speaker Muhammad Al-Haboosi received Prime Minister Mohammed Shia al-Sudani. Both …

Leave a Reply

Your email address will not be published. Required fields are marked *